Aluminum Prices Fluctuate Rangebound, Secondary Aluminum Prices Lack Momentum to Change [ADC12 Price Daily Review]

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【Aluminum Prices Fluctuate Rangebound, Secondary Aluminum Prices Lack Momentum】Today, aluminum prices gave back yesterday's gains, with SMM A00 aluminum prices down by 30 yuan from the previous trading day to 20,600 yuan/mt, while secondary aluminum prices remained stable. Domestically, SMM ADC12 prices held steady within the range of 21,100-21,300 yuan/mt; in the import market, overseas ADC12 prices remained high at $2,480-2,500/mt, with real-time import losses persisting at 200-300 yuan/mt, keeping the import window closed. Today, aluminum prices dropped back slightly, while the secondary aluminum market remained relatively stable, with most manufacturers maintaining stable pricing, and some companies lowering prices by 100 yuan/mt. Since March began, the anticipated peak season has not materialized, with manufacturers generally reporting sluggish order growth, average actual transactions, and overall performance weaker than the same period last year. Weak demand continues to constrain the upside room for ADC12 prices. In the short term, ADC12 prices are expected to continue fluctuating rangebound, with subsequent focus on changes in raw material market liquidity and the pace of recovery in end-use consumption.

Note: Import profits refer to real-time profit

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